Shan Yigang 4

What Happened Shan Yigang, an executive director of KE Holdings Inc. (BEKE), recorded a conversion on June 8, 2026 in which 372,320 Class B ordinary shares were converted into 372,320 Class A ordinary shares (1:1). The Form 4 shows both an acquisition and a disposition of 372,320 shares at $0.00 — this reflects a share-class conversion rather than a market purchase or sale, so no cash was exchanged.

Key Details

• Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (appears timely).
• Reported entries: Acquisition (J) 372,320 shares @ $0.00 and Disposition (J) 372,320 shares @ $0.00 — code J denotes “other acquisition or disposition” for corporate reclassification/conversion.
• Footnote: Conversion followed cancellation of 31,336,908 Class A ordinary shares (repurchased ADSs) and two Class A ordinary shares surrendered by a shareholder; conversion done under Hong Kong Listing Rules and Shan is a beneficiary of weighted voting rights.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context This filing documents a technical reclassification of share classes (Class B → Class A) tied to ADS cancellations and HK Listing Rules, not an open‑market buy or sell. Such conversions change the form of holdings and voting/registration status but do not by themselves represent a cash investment or liquidation. For full ownership details and any broader implications, consult the complete Form 4 filing (Accession 0001193125-26-264829).